CPA Canada

Everyone in Canada writes the same CFE exam. 3 attempts to pass. Exam written on the computer using word and excel / exam question in paper form. Exam is open book – you have access to the Handbook and Tax Act on the computer.

Service Offerings for CPA Canada

Overview of the course requirements for CPA (Canada) exams. Step by Step Guidance for registration under the MOU between ICAI and CPA, Canada. Guidance for preparation of CPA (Canada) exams, before landing in Canada. Association with the renowned coaching institutes of Canada for CPA exams. Arrangement of CPA mentors on need basis.

Canadian Students

Required to take Technical Modules and Capstone 1 and 2 and the CFE

Capstone 1 – Involves working with a group on a large business case

Capstone 2 – Practice old CFE cases

Indian CAs

Directly for the CFE (without doing any Modules including Capstone 1 and 2) CFE is a case-based exam.

Cases are far larger than on Indian CA exam – cases deal with multiple issues

Time for cases can range from 70 minutes to as long as 5 hours

Breakdown of CFE

CFE is 3 days long

Day 1 – 1 Large 4 hour case – referred to as “Comp”

Day 2 – 1 Large 5 hour case – Referred to as “Role Comp

Day 3 – 3 shorter cases each between 70-90 minutes – 4 hours in total - these cases are referred to as “Multi” cases

All cases test more than one competency i.e. subjects

CFE covers 6 Competencies/subjects:

Audit & Assurance

Financial Reporting

Management Accounting

Finance

Taxation

Strategy and Governance